Brown Harris Stevens

Search
1242 Putnam Avenue
Bushwick, New York
$2,250,000 Price
6 Bedrooms   6.5 Baths
CloseClose Video
Photo 1 of 1242 Putnam Avenue, Bushwick, New York, $2,250,000, Web #: 1075818997Previous PhotoNext Photo1 of 14

1242 Putnam Avenue, Bushwick, New York

Brand New to Market. Fully Renovated 3 Family Brick Townhouse [Delivered Vacant & Turn Key] * Located in an opportunity zone. * Live in the spacious owner's duplex w/backyard and rent the other two units for income. * Or rent the...

Brand New to Market. Fully Renovated 3 Family Brick Townhouse [Delivered Vacant & Turn Key] * Located in an opportunity zone. * Live in the spacious owner's duplex w/backyard and rent the other two units for income. * Or rent the entire property and enjoy a 6.7% projected cap rate while the property appreciates. Building size: 20x45 [3,600sqft] Lot size: 20x100 Bedrooms: 6 Bathrooms: 6.5 Miscellaneous: 3 HVAC furnaces & condensers, 3 hot water heaters, 3 gas meters, 4 electric meters Notes: * Central HVAC with Nest WiFi thermostats * Fully equipped kitchens with matte black granite counters, large islands, green tile backsplash, and full sized appliances by GE * Whirlpool full sized washer / dryer [gas] in each unit [vented out] * Video intercom * Plumbing fixtures by Kohler & Delta * Bluetooth bathroom speakers * High ceilings on all floors * 8ft hardwood interior doors & moldings * Excellent closet space in each unit * Hardwood natural oak floors * LED lighting throughout * HD security cameras * Wired for TV and internet in each room * Oversized private outdoor spaces for each unit * Sound proofing between floors * New roof, windows, insulation, plumbing, electrical, etc. Projected rental income: Unit 1 = 2Bed 2.5Bath duplex with private backyard [$5,500] Unit 2 = 2Bed 2Bath with private terrace [$4,500] Unit 3 = 2Bed 2Bath with private roof [$5,000] TOTAL = $15,000/month = $180,000/year Approximate yearly expenses: Taxes: $3,014 Insurance: $3,600 Water & Sewer: $1,950 Garbage maintenance & cleaning: $1,800 Electrical: $480 Gas: $0 Repairs: $1,500 TOTAL = $12,344 Close to M, L subway lines at Myrtle-Wyckoff and J,Z lines at Gates Avenue. Tons of food, entertainment, cafes in the area including Bushwick Burger Co., Father Knows Best, Caffeine Underground, Eden Juice & Smoothie Bar, and more. Just a short uber/bike ride away to Ridgewood and Bedford-Stuyvesant.

Courtesy of Nest Seekers LLC

Floorplan for 1242 Putnam Avenue

Floorplan for 1242 Putnam Avenue

Calculate your Payments

Asking Price:

Percent Down:

Loan Amount:

Interest Rate:

Loan Term (years):

Estimated Mortgage Payment:

Total Monthly Payment:

* All information furnished regarding property for sale, rental, financing or estimated mortgage rates is from sources deemed reliable but no warranty or representation is made as to the accuracy thereof. For further financing information, please contact a Brown Harris Stevens agent.

Listing Details

Bushwick, New York
Type:
Price: $2,250,000
Last Updated: 11/11/2024
Web ID: 1075818997

Info & Amenities

Rooms: 16.0
Bedrooms: 6
Full Bathrooms: 6
Half Bathrooms: 1.0
Built: 1910
Pets allowed: Yes

Get to Know Bushwick

Bushwick, Brooklyn, is a dynamic and ever-evolving neighborhood known for its vibrant street art, diverse community, and creative atmosphere.

More About Bushwick

Neighborhood Guide to Bushwick

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. ©2024 The Real Estate Board of New York, Inc., All rights reserved.

All information is from sources deemed reliable but is subject to errors, omissions, changes in price, prior sale or withdrawal without notice. No representation is made as to the accuracy of any description. All measurements and square footages are approximate and all descriptive information should be confirmed by customer. All rights to content, photographs and graphics are reserved to Brown Harris Stevens. Customer should consult with its counsel regarding all closing and tax costs. Broker represents the seller/owner on Broker's own exclusives, except if another agent of Broker represents the buyer/tenant, in which case Broker will be a dual agent, in Connecticut, or , in New York State and New Jersey, a dual agent with designated or disclosed agents representing seller/owner and buyer/tenant. Broker represents the buyer/tenant when showing the exclusives of other real estate firms. In Florida, Broker acts as a Transaction Broker with all sellers and buyers, unless a different form of agency has been established in writing. If you are looking to purchase or rent housing, are using a screen reader, and are having problems using this website, please call 1-833-312-0654 for assistance. Broker actively supports Fair Housing and Equal Housing Opportunities. BHS has adopted the attached policy statement - Prior to showing a homebuyer a property or providing services: (1) BHS does not require identification from a prospective homebuyer, (2) BHS may require a written agreement from a homebuyer before showing properties; and (3) BHS does not require a pre-approval for a mortgage loan in order to show a homebuyer properties. However, based upon the requirements of the seller, the building in which the properties is located, or others, some or all of the foregoing items may be required. Listing information for certain New York City properties provided courtesy of the Real Estate Board of New York's Residential Listing Service (the "RLS"). The information contained in this listing has not been verified by the RLS and should be verified by the consumer. The listing information provided here is for the consumer's personal, non-commercial use. Retransmission, redistribution or copying of this listing information is strictly prohibited except in connection with a consumer's consideration of the purchase and/or sale of an individual property. This listing information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. 2024 The Real Estate Board of New York, Inc., all rights reserved. RLS Data display by Brown Harris Stevens. Powered by Terra Holdings.